WILDHORSE RANCH TRL TX 78653
| Owner | SHFC WILDHORSE LAND LLC |
|---|---|
| Parcel ID | 0231520323 |
| Short ID | 947747 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 582,838 SF |
| Acres | 13.380 |
| Year Built | — |
| Legal | LOT 1 BLK 1 WILDHORSE FLATS |
| Neighborhood | _BACRE |
| Land | $2,914,190 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,914,190 |
| Improvement | $55,141,060 |
|---|---|
| Total Improvement | $55,141,060 |
| Market | $58,055,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,055,250 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,055,250 |
| Taxable Value | $58,055,250 |
|---|
Appreciation: Market value has risen +679.0% from $7,452,651 (2023) to $58,055,250 (2025), a CAGR of 179.1% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide fell -15.8%, so this parcel has outpaced the broader multi-family market over the same period.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 5% of market value ($2,914,190 land vs $55,141,060 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $58,055,250, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +179.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,832,598,102 by 2030, with an estimated annual tax burden around $0. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 255,750 SF | ✓ |
Market value changed by 2685% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $54,730,500 | $58,055,250 | -5.7% |
| Assessed Value | $54,730,500 | $58,055,250 | -5.7% |
| Land Value | $2,914,190 | $2,914,190 | +0.0% |
| Improvement Value | $51,816,310 | $55,141,060 | -6.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $54,730,500 | $54,730,500 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $54,730,500 | $2,914,190 | $51,816,310 | — | $54,730,500 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $58,055,250 | $2,914,190 | $55,141,060 | — | $58,055,250 | $— | not in county billing file ⓘ | Partial |
| 2024 | $25,898,491 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $7,452,651 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | $1,165,676 | $— | $7,356 | Verified |
| 2021 | $— | — | — | — | $267,602 | $— | $627 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2025 | +4.8% | +4.8% | ~100% | Not available | Partial |
| 2024 | +114.0% ! | +114.0% | ~100% | No billing data | Verified |
| 2023 | +247.5% ! | +247.5% | ~100% | No billing data | Verified |
| 2022 | +2685.0% ! | +2685.0% | ~100% | 0.1000% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21594.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.7% | +122.0% | +182.5% | +247.5% | 2024 | -5.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$162,034,263 | ~$162,034,263 | ~0.0000% | ~$0 | +179.1% |
| 2027 | ~$452,243,377 | ~$452,243,377 | ~0.0000% | ~$0 | +679.0% |
| 2028 | ~$1,262,227,311 | ~$1,262,227,311 | ~0.0000% | ~$0 | +2074.2% |
| 2029 | ~$3,522,921,211 | ~$3,522,921,211 | ~0.0000% | ~$0 | +5968.2% |
| 2030 | ~$9,832,598,102 | ~$9,832,598,102 | ~0.0000% | ~$0 | +16836.6% |
| 2026 | ~$160,873,158 | ~$160,873,158 | ~0.0000% | ~$0 | +177.1% |
| 2027 | ~$445,785,228 | ~$445,785,228 | ~0.0000% | ~$0 | +667.9% |
| 2028 | ~$1,235,286,685 | ~$1,235,286,685 | ~0.0000% | ~$0 | +2027.8% |
| 2029 | ~$3,423,023,235 | ~$3,423,023,235 | ~0.0000% | ~$0 | +5796.1% |
| 2030 | ~$9,485,318,840 | ~$9,485,318,840 | ~0.0000% | ~$0 | +16238.4% |
| 2026 | ~$163,195,368 | ~$163,195,368 | ~0.0000% | ~$0 | +181.1% |
| 2027 | ~$458,747,969 | ~$458,747,969 | ~0.0000% | ~$0 | +690.2% |
| 2028 | ~$1,289,556,819 | ~$1,289,556,819 | ~0.0000% | ~$0 | +2121.3% |
| 2029 | ~$3,624,989,974 | ~$3,624,989,974 | ~0.0000% | ~$0 | +6144.0% |
| 2030 | ~$10,189,975,442 | ~$10,189,975,442 | ~0.0000% | ~$0 | +17452.2% |
In 2025, this property's market value of $58,055,250 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 112× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $58,055,250 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $25,898,491 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $7,452,651 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | base yr |